Saturday, December 4, 2010

Linkism

An excellent essay by Michael Pettis that will terrify you about Chinese inflation and European defaults.

Proving the point that whatever can be financialized these days, will be: a New York Timesarticle about investment funds…in divorces. (The idea: say you’re sure your spouse is hiding money from you, but you don’t have the capital to pay for a lawyer yourself. Well, you go to one of these investment funds, which invest in your divorce in exchange for a cut.)